What is a Policy? A policy is a guiding principle used to set direction in an organization. It can be a course of action to guide and influence decisions. It should be used as a guide to decision making under a given set of circumstances within the framework of objectives‚ goals and management philosophies as determined by senior management. But is it? There are really two types of policies. The first arerules frequently used as employee policies. The second are mini-mission statements frequently
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This title‚ in my opinion‚ alludes to the idea that robust knowledge can only be obtained through the process of consensus and disagreement. Robust knowledge can be defined as the common knowledge shared by a community ‚ which is the foundation of the areas of knowledge. The adjective robust‚ in this case‚ refers to the idea of solid and proven truthful. Robust knowledge is necessary in all of our daily lives as the basis of various applications. Agreement or‚ in other words‚ consensus‚ is required
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Current Global Economic Recession Compare To The Great Depression? The Global Economic Recession and the Great Depression are the fallout of the exact same economic phenomenon and are only different in a few respects. Each period is marked by a massive run up in asset prices followed by a tremendous deflationary pressure that has sent both debt and equity markets into turmoil . The Great Depression saw the Federal Reserve do little to ‘save’ the economy because their policy actions were limited
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Glynn Lowth‚ Malcolm Prowle‚ Michael Zhang Nottingham Business School The impact of economic recession on business strategy planning in UK companies Research executive summary series Volume 6 | Issue 9 Key findings: The key findings from this research were: • There is very little optimism about the prospects for the UK economy in the short to medium-term. • There is quite a degree of optimism from companies about their own commercial future based on a combination of factors such
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| A lot of economists consider the global economic crises of 2007 to be the worst financial crisis since the Great Depression of the 1930s. The global crisis affected the entire world economy‚ with higher detriment in some countries than others. It resulted in the threat of total collapse of large financial institutions‚ the bailout of banks by national governments‚ and downturns in stock markets around
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by an underdeveloped country. Post-war there was inflation‚ massive debts and an extended depression. By 1920 the economy was in a massive convulsion - mass unemployment‚ food shortages‚ strikes‚ etc. Contents [hide] 1 Fascist economic policy 2 First steps 3 Firmer intervention 4 The Corporative phase 5 The Great Depression 6 After the Depression 7 References 8 See also [edit]Fascist economic policy The neutrality of this section is disputed. Please see the discussion on the talk page
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economic system. It wasn’t until the 1980’s China’s following leader Deng Xiaoping who focused focused on developing China into a market operated economy and by the 21st century the economy has improved tremendously‚ improving the standard of living as well as giving freedom of speech‚ China has now adapted to a successful socialist market economy in which the government still has a large contribution in terms of corporate decisions. For Deng Xiaoping ‚the best way to build a better China
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SUZLON Wind Energy in Agreement to Acquire Belgium’s Hansen Transmissions Pune‚ India / Munich‚ Germany Suzlon Wind Energy signed a definitive agreement for the strategic acquisition of Hansen Transmissions. Hansen Transmissions is a major wind turbine gearbox manufacturer with state of the art manufacturing facilities in Edegem and Lommel in Belgium. Suzlon gains technological leadership from the integration of research and development‚ design and production to evolve the next generation of
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IMPACT OF GOVERNMENT POLICY ON ECONOMY A. INTRODUCTION Generally‚ policies and strategies of Nigerian government towards development are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multi national corporations are expected to bring into Nigeria‚ foreign capital in the form of technical skills‚ entrepreneurship‚ technology and investment fund to boost economic activities thereby‚ rising the standard of living of Nigerian. This can
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VOL.2(2) 2011: 71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009 with number of
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